Moody's warns consequences of a breakdown in US.-China trade talks

Ross J Burland FXStreet

Moody's:

If an abrupt breakdown in US.-China trade talks happen, would lead to policy uncertainty, increased risk aversion and abrupt repricing of risk assets globally.

China has already pledged to increase tariffs by 1st June ($60B on U.S. goods), something that Trump has warned them against doing...or things could get a lot worse.

Author

Ross J Burland

FXStreet

Ross J Burland, born in England, UK, is a sportsman at heart. He played Rugby and Judo for his county, Kent and the South East of England Rugby team.

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